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201203679
<br />shall not charge Borrower far holdi.ng and applymg the Fwads. annually analyzing the escrow account, or vexifying
<br />the Escrow Items, unless I.ender pays Borrower interest on the Funds and Applicable I.aw permits I.ender to make
<br />such a cl�arge. Unless an. agr�me� is made in writing or Applicable Law reqtures irnere.st to be paad o:a the Funds,
<br />Lender shall not be m.quired to pay Borrower any interest or earnings on the Funds. Borcowez and Lender can agree
<br />iu writing, however, that interest shall be paid on the Fnnds. Y.ender shall give to Borrower, without cbarge, an
<br />affival accounting of the Funds as required by RESPA.
<br />If there is a surplvs of Funds held in escrow, as defined under RESPA, I.endez ahall acxourn to Bonower for
<br />che excess funds in accozdance with RESPA. If tliere is a shortage of Fuuds held in eserow, as define,d im.der RFSPA,
<br />�nder shall notify Borrower as required by RESPA, and Bonower shall pay to Lender the amo�mt necessary to make
<br />up the shortage in accordance with RESPA, but in no more t1�an 12 monthiy paym�nts. If thexe is a deficiency of
<br />Fhnds held in escrow, as defined under RESPA, I,ender shall notify Boaovver as requiresl by RESPA, and Horrower
<br />chall pay to I.snder the amount ne.cessary to make up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payments.
<br />Upon paymcnt in full of ail sums sect7x� by this Se�uity Instrument, Lender shall prom�tl.y zefimd to Boaower
<br />any Funds held by i.ender.
<br />4. Charges; Liens. Borrower shall gay all taxes, assessments, charges, fines and impositions attn'butable to
<br />the Property wluch can atta.in priority over this S�urity Instrumern, leasehold payme�ts oz ground rents on the
<br />Property, if any, and Commaunity Association Dues, Fees, and Assessme�nts, if any. To the extent that these items
<br />are Escrow Items, Borrower shaII pay them m the manner pzoeided in Se�tion 3.
<br />Borrower shall prompfly discharge any lien �vhich has priority over this Se�urity Instrament unless Borrower:
<br />(a) agrees in writing ta the payment of the obIigatian secured by the lien in a manner acceptable to Lender, but only
<br />so long as �rrower is peatfor�ung such agreement; (b) coutests the lien in good faith by, or defends against
<br />enforcement of the lzen ira, legal proceediags wbich ia Lender's opinion operate to pxevent the enforcennent of the lien
<br />while those proceedings are pending, bat onty until sucl� procee�ings are concluded; or (c) secures from ttie holder
<br />of the lien an agzeement sat�sfactory to Lender subordinating the lien to this Sec�u�ity Inst�nmient. If Lender
<br />determittes that any part of t�e Property is subj�t to a lien whict� c�a attain griority over this Security Instrumeut,
<br />Lender may give Borrower a notice identifying the liea. Wi.tl�im 10 days of the date on which that n+otice is given,
<br />Bontoweic shall satisfy the Iien or take one or more of the actions set farth above in tUis Section 4.
<br />J.ender may require Boaower to pay a on�rime charge for a real estate tax verification and/or reporfang service
<br />used by Lender in connection with tlus I,flan.
<br />5. Prop�rty Insurance. Borrower shall keep the ivrprovements now existing or hareafter erected on the
<br />Property insured against Ioss by fire, hazards included within the term "extended caverage," and any other bazazds
<br />includiug, but not limitefl to, earthquake.s aad flood.s. for which Lencler reguires inswrance. Tlus insurance sha1l be
<br />main a;ned ��e amozmtc (including dedudible levels) and for the pez�iods that Lender requires. What Lmder
<br />requires pursuant to the prec.�iing sentences can chauge during the term of the Loan. The msurance c�rrier providing
<br />the Tn�,�,�nce shall be chosen by Borrower su.bject to �,ender's right to disapprove Borrower's c�toice, which right shall
<br />not be exercised unreasonably. Lender may req�rire Borrower to pay, in connection wzth this I.oan, either: (a) a one-
<br />time charge for IIood zone determination, certification and traclflng services; or (b} a ona-time charge for flood zone
<br />determinarion and cerci�.cation sezvices and subsequent cl�rges each time remiappings or siuular changes occur which
<br />reasonably might affect such determin�tion or certific�tion. Borrawez shall also be responsible for the payraent of
<br />any fees impos� by the Federal Rm�rgeacy Management Ag�ncy in connection with the review of any flood zone
<br />determination resuiting from an objection by Borrowez.
<br />If Borrower fa11s to maintain azry of the coverages descn'bed above, I,ender may obtain inst�zance coverage, at
<br />Lender's option and Boaower`s exgense. Lender is under no oblagati.on to pttrchase any pat�iailar type or amount
<br />of coverage. Therefore, such coverage shall cover I.endex, but might or might not protect Borrower, Borrower's
<br />equitY in the �operlY� or the contents of the Property, aSainst any risk, hazard or liability aad might pzovide greater
<br />or le,cser coverage than was pxeviously iva effect. Borrower aclniowledges thaz rhe cost af the insurance coverage so
<br />obtained might significantly exceed the cast of iaguaance that Borrower could have obtained. A.ny �mounts disbursed
<br />by Lender under this Section 5 shall b�a� additional debt of Bozzower se�ured by rhis Se�uuczty �astra,men� These
<br />6 of '! 4
<br />NEBRASKA—Single Famity—Fannis Mae/Fr e Mac
<br />Form 3028 1/07
<br />�ocA�le
<br />r�vww.doonagic.mm
<br />Ne3078.dm.�1
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